QInvest buys 30.5% stake in Al Nakheel Agriculture and AG Middle East.

By bne IntelliNews January 30, 2012
QInvest, Qatar's leading investment bank, has bought a 30.5% stake in Al Nakheel Agriculture and Trading Company and AG Middle East LLC, The Peninsula Qatar reported. Al Nakheel and Al Nakheel specialise in the provision of landscaping and related maintenance services to governmental, corporate and industrial customers. Among Al Nakheel's projects are the Pearl Qatar, the Museum of Islamic Art Parks, Qatar Education City Convention Center, Barwa City, Dahlak Island Resort - Eritrea and Sidra Medical Research Canter. AG Middle East has developed Doha 2006 Asian Games Village Hard & Soft Landscaping Works, Doha Golf Course, Ritz Carlton Hotel and the West Bay Lagoon Landscaping Works.

Related Articles

Bahrain Middle East Bank fully repays USD 13mn debt.

Bahrain Middle East Bank made a USD 13mn full repayment of a loan obligation including a USD 1.4mn interest payment taking total repayments by the troubled lender to USD 43mn, the bank said in ... more

National Bank of Abu Dhabi launches USD 17mn Uridashi bond, MENAs first ever.

National Bank of Abu Dhabi (NBAD), the UAE's largest lender by market value, initiated a USD 17mn fifteen-year Uridashi bond, MENA's first ever, allowing the bank to directly access Japanese ... more

GCC economies resilient to MENA turmoil but constrains persist S&P.

The GCC economies remain insulated from economic and political turbulence in the MENA region and globally but structural challenges continue to constrain sovereign ratings, ratings agency ... more

Dismiss